Norway's producer prices surged 50.1 percent year-on-year in August 2021, after a 43.4 percent gain in the previous month. This was the eighth straight month of producer inflation and the steepest pace on record, with cost rising faster for all categories: energy goods (144.8 percent vs 133.1 percent in July), extraction and related services (131.9 percent vs 120.4 percent), manufacturing (15.3 percent vs 12.1 percent), and electricity, gas, and steam (112.9 percent vs 98.9 percent). On a monthly basis, producer prices rose 5.9 percent, after a 4.6 percent increase in July. source: Statistics Norway

Producer Prices Change in Norway averaged 5.43 percent from 2000 until 2021, reaching an all time high of 50.10 percent in August of 2021 and a record low of -18.70 percent in November of 2001. This page provides - Norway Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Producer Prices Change in Norway is expected to be 42.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Producer Prices Change is projected to trend around 5.10 percent in 2022 and 2.20 percent in 2023, according to our econometric models.

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Norway Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
50.10 43.40 50.10 -18.70 2000 - 2021 percent Monthly
2000=100


Calendar GMT Actual Previous Consensus TEForecast
2021-06-10 06:00 AM May 29.4% 22.5% 24%
2021-07-09 06:00 AM Jun 37.1% 29.4% 27.6%
2021-08-10 06:00 AM Jul 43.4% 37.1% 34%
2021-09-10 06:00 AM Aug 50.1% 43.4% 46%
2021-10-11 06:00 AM Sep 50.1% 42%
2021-11-10 07:00 AM Oct
2021-12-10 07:00 AM Nov


News Stream
Norway Producer Prices Rise at Fresh Record Pace
Norway's producer prices surged 50.1 percent year-on-year in August 2021, after a 43.4 percent gain in the previous month. This was the eighth straight month of producer inflation and the steepest pace on record, with cost rising faster for all categories: energy goods (144.8 percent vs 133.1 percent in July), extraction and related services (131.9 percent vs 120.4 percent), manufacturing (15.3 percent vs 12.1 percent), and electricity, gas, and steam (112.9 percent vs 98.9 percent). On a monthly basis, producer prices rose 5.9 percent, after a 4.6 percent increase in July.
2021-09-10
Norway Producer Prices Rise at Record Pace
Norway's producer prices surged 43.4 percent year-on-year in July 2021, after a 37.1 percent gain in the previous month. This was the seventh straight month of producer inflation and the steepest pace on record, with cost rising faster for all categories: energy goods (133.1 percent vs 116.1 percent in June), extraction and related services (120.4 percent vs 103 percent), manufacturing (12.1 percent vs 9.8 percent), and electricity, gas, and steam (98.9 percent vs 74.7 percent). On a monthly basis, producer prices rose 4.6 percent in July, the same as in June.
2021-08-10
Norway Producer Prices Rise at Record Pace
Norway's producer prices surged by 37.1 percent year-on-year in June 2021, after a 29.4 percent gain in the previous month. This was the sixth straight month of producer inflation and the steepest pace on record, with cost rising faster for all categories: energy goods (116.1 percent vs 93.4 percent in May), extraction and related services (103 percent vs 74.9 percent), manufacturing (9.8 percent v 9.6 percent), and electricity, gas, and steam (74.7 vs 59.8 percent). On a monthly basis, producer prices rose 4.6 percent in June, after gaining 2.8 percent in May.
2021-07-09
Norway Producer Prices Rise the Most Since 2008
Norway's producer prices surged by 29.4 percent year-on-year in May 2021, accelerating from a 22.5 percent gain in the previous month. This was the fifth straight month of producer inflation and the highest reading since September 2008, as cost rose faster for all categories: energy goods (93.4 percent vs 69.6 percent in April), extraction and related services (74.9 percent vs 53.3 percent), manufacturing (9.6 percent v 7.5 percent), and electricity, gas, and steam (59.8 percent vs 57.8 percent). On a monthly basis, producer prices rose 2.8 percent in May, after edging up 0.1 percent in April.
2021-06-10

Norway Producer Prices Change
In Norway, the Producer Price Index measures the price development of first hand sales of products to the Norwegian market, from Norwegian production and export. Manufacturing prices account for 54 percent of the total index. The biggest segments within Manufacturing prices are: Food, beverages and tobacco (12 percent), refined petroleum products (8 percent) machinery and equipment (6 percent) and basic metals (5 percent). Extraction and related services account for 41 percent, Electricity, gas and steam account for 4 percent and Mining and quarrying account for 1 percent.